TIBCO Software Inc. recently announced it has been positioned in the Visionaries quadrant in Gartner, Inc.’s recently released Business Intelligence Platforms 2009 Magic Quadrant. Vendors were evaluated based on their completeness of vision and ability to execute.

According to Gartner, “BI is a vital competitive tool of increased importance in an environment where doing business more smartly, in order to maximize share of the reduced revenue in circulation, is a necessity.” The TIBCO Spotfire Enterprise Analytics platform enables every user in the enterprise to gain more insights from the data they work with every day.

“Adoption of traditional business intelligence platforms has been hampered by the lack of deep integration with business processes and reliance on typically static information in the data warehouse.  Especially in today’s challenging economic environment, an organization’s ability to quickly find new insights across a broad range of users and processes can mean the difference between success and failure.  By combining industry-leading business process management, complex event processing and enterprise analytics software, TIBCO is uniquely positioned to offer customers the ability to rapidly discover new insights in the data they work with every day,” said Lars Bauerle, Vice President of Product Management, Spotfire Division, TIBCO Software Inc.

To read the full press release, click here.

This BeyeNETWORK news item contains information from a recent press release by the company mentioned.

SOURCE: TIBCO Software Positioned in the Visionaries Quadrant in Gartner’s 2009 Magic Quadrant